Articles tagged “mergers and acquisitions”

Mondee is venturing down an unbeaten path by targeting travel influencers, and it seems to be making investors a little uneasy.

Clarity Business Travel, a corporate travel agency based in the UK, plans to purchase two corporate travel businesses for £36.5 million ($46 million).

TUI is acutely aware that its holiday package tours could be prone to seasonality shifts, as the group has just had to deal with the impact of severe weather warnings and wildfires. Despite all this and rising prices, travel demand from its main markets remains strong.

Today's edition of Skift's daily podcast looks closer at Choice Hotels’ acquisitions, China’s travel restrictions, and a new airline partnership between Europe and Asia.

Travelport has completed the integration of corporate booking tool Deem, which it acquired earlier this year. 

Mergers hurt companies more often than help. Yet Choice Hotels seems to be the exception with its Radisson Americas merger so far. Expect Choice to be emboldened to do another deal. A European acquisition would be smart.

The diverse portfolio of services of the three companies that EaseMyTrip will be acquiring indicate that the company is serious about tapping into new revenue streams and reducing its reliance solely on air ticketing.

Infare, a Denmark-based provider of airfare data and analysis software, has been acquired. 

As with lots of cash and stock deals, the ultimate outcome will depend on Upgrade's eventual exit, and how that turns out. On the face of it, though, this deal looks underwhelming for Uplift.

Expensya, the corporate expense management startup, has been acquired.